Gate Crypto Flash News and Market Updates

According to Iran's FARS News Agency, the foreign ministers of Iran and Oman held talks in Tehran on August 25.

According to Pendle's statement shared by Foresight News, the team clarified that liquidation events in the PT-reUSD/USDC market were triggered by normal oracle price adjustments, not configuration errors as initially speculated. The Pendle oracle for PT-reUSD references the lower of two prices: the 15-minute average market price on Pendle, or a fixed discount curve that reaches $1 at maturity with a 6% annual discount rate. When PT price declined 3% from its peak, the 15-minute market average r

According to Foresight News and monitoring by Lookonchain, a wallet holding 2,200 BTC transferred 1,400 BTC to Binance earlier today (August 25). The address had held the bitcoins for over four years before initiating the transfer.

According to the Wall Street Journal on Aug 24, South Korea's stock market has been labeled 'the world's craziest stock market.' The report highlighted sharp swings in the KOSPI index, which rallied on strength from Samsung Electronics and SK Hynix before falling sharply and then rebounding.

According to Ukrainian state television Suspilne, President Zelenskyy recently confirmed that Ukraine has received Patriot interceptor missiles and will acquire Crotale air defense systems as part of ongoing military aid efforts.

According to BlockBeats citing TradingBeats, Polymarket trader TwoEyes invested $12.37 million over the past four days betting the Fed will not raise rates in September. On August 25, the trader opened a $1.51 million Nasdaq-100 short position on Hyperliquid with 30x leverage, shorting 51.6369 XYZ100 futures contracts. The prediction market positions serve as a hedge for the leveraged short trade. If the Fed maintains rates in September, the combined prediction market positions could yield appro

According to Jin10, Russia is considering suspending floating export taxes on wheat, barley, and corn through the end of 2026 on August 25, as Ukrainian attacks disrupt Black Sea and Sea of Azov shipping. A source close to the Russian government said the measure is being considered as part of efforts to support the agricultural sector amid worsening logistics challenges for Russian grain exporters. Russia and Ukraine combined account for more than one-quarter of global wheat exports and are curr

According to OpenAI's Tuesday blog post, the company banned ChatGPT accounts originating from Russia that were used to support a covert online influence operation spreading misinformation. The campaign involved AI-generated posts on Substack, Telegram, X, Facebook, and LinkedIn promoting a fake academic institution called the International Burke Institute and a "sovereignty index" that portrayed Russia favorably. OpenAI noted that VPNs were used to bypass geographic restrictions, as the company

According to multiple Wall Street analysts on August 25, cryptocurrency-linked equities saw significant price target increases. Goldman Sachs raised its Coinbase target to $196 from $173 and maintained a 'Buy' rating, citing structural growth in brokerage and prediction markets businesses. Canaccord analyst Joseph Vafi raised Strategy (MSTR) target to $175 from $130, representing a 35% increase, citing brightened setup from company developments and macroeconomic tailwinds. Wolfe Research raised

According to Morningstar analyst Daniel Sotiroff, the U.S. single-stock leveraged ETF market is showing signs of cooling as of mid-August 2026, despite record product launches. Issuers have introduced 244 leveraged ETFs this year, but market saturation is evident: average asset size has plummeted from $272.2 million at the end of 2024 to $63.3 million currently, with half of all funds holding assets below $7 million. The market downturn is underscored by a surge in fund closures. Through August

Dick's Sporting Goods (DKS) stock plunged 13% to $157.45 in premarket trading on August 25 after the company reported weaker-than-expected Q2 earnings and lowered its full-year profit outlook. Q2 adjusted earnings per share came in at $3.53, below Wall Street's estimate of $3.76 and down from $4.38 a year earlier, while net sales reached $5.59 billion, up 53% year-over-year but below the consensus forecast of $5.64 billion. Overall same-store sales rose just 2.1% year-over-year, significantly tr

According to Galaxy Research, Bitcoin rose approximately 25% over the past week and currently faces resistance at the 50-week moving average near $82,000. Galaxy Research analyzed 13 instances of Bitcoin surpassing this key moving average in previous bear cycles and found that 11 corresponded to confirmed bear market bottoms. If BTC closes above $82,000 on the weekly chart, historical precedent suggests the current bear market may have ended, according to CoinDesk.

According to Armenia's Prosecutor General, former President Robert Kocharyan and six others, including his son Serzh, were arrested on August 24 on charges of abuse of power, bribery, and money laundering. The criminal proceedings were initiated on August 24.

According to PANews, BitMEX co-founder Arthur Hayes announced today (August 25) that $FLOP token airdrops will be distributed based on user activity in the testnet. The testnet token faucet will be deployed at Technocore.chat and accessible only to agents holding DID keys. Hayes stated that detailed rules and operational instructions will be released later.

According to BlockBeats, on August 25, Bitcoin's weekly RSI rose to 58.3, the highest level since October 2025's $126,200 peak, while displaying bullish divergence similar to 2022 bear market patterns. Price formed lower lows while weekly RSI marked higher lows, suggesting potential long-term reversal. Real Vision chief analyst Jamie Coutts noted that weekly-level divergence carries strong significance for identifying cycle inflection points, with historical precedent showing such signals preced

South Korea's KOSPI index fell over 4% at market open today (August 25) but recovered by afternoon to reclaim the 6,700 level. Foreign investors sold nearly 4 trillion Korean won, while retail investors and institutions absorbed the selling pressure. Major heavyweight stocks including Samsung Electronics and SK Hynix also reversed earlier losses.

Elon Musk outlined plans to eventually retire SpaceX's Falcon 9 and Falcon Heavy rockets and redirect engineering resources to Starship, causing SpaceX (NASDAQ: SPCX) stock to close down 1.4% at $135 on Monday (Aug 25). "Once Starship is flying reliably several times per week, it makes sense to shift super scarce SpaceX engineering and production resources to Starship to get launch rate to several times per day, which means winding down Falcon," Musk said on X. Falcon 9 remains the backbone of S

According to TASS, Russia's Pacific Fleet conducted anti-submarine drills on August 25 in the Sea of Japan, Okhotsk Sea, and waters around the Kuril Straits and adjacent Pacific regions. Tu-142 anti-submarine patrol aircraft from the Primorsky Krai region took off to search for simulated enemy submarines and conduct strike exercises, with the mission lasting approximately 5 hours.

According to Arab media, on August 25, Pakistan's Army Chief General Asim Munir visited Iran with a U.S. proposal to lift sanctions in exchange for reopening the Strait of Hormuz and halting attacks by affiliated militias. The news triggered a sharp decline in oil prices, with WTI and Brent crude falling over 3% intraday. Pakistan's military said the talks achieved "significant progress" on preventing further escalation and restarting negotiations, while Iran emphasized seeking a "permanent solu

According to Webull CEO Anthony Denier during a CNBC interview, U.S. Treasury debt repurchase operations have directly fueled bitcoin's recent rally. Over the past week and a half, buying orders for bitcoin and ethereum on Webull's platform have surged nearly 300%, reflecting renewed investor appetite for crypto assets amid improved liquidity expectations and clearer regulatory clarity. Denier highlighted that the liquidity signals from Treasury debt operations are becoming a key driver of bitco